Video: Should You Sell Services or Products – Starting a Micro Business

You are here: Home/Blog/ Video: Should You Sell Services or Products – Starting a Micro Business

Are you wanting to start a micro business, but aren’t sure whether to start a product based business or a service based one? In the video below, I explain the differences between the two.

The biggest reason you might want to consider a service based business over a product based one is because they are easier to support and much more manageable.

As I explain below, product based businesses can be very successful, sometimes too successful. This can lead to a major problem, keeping a stock of inventory.

Watch the video below as I discuss to a group of parents and teens at the Cincinnati Home School convention, the differences between service based businesses and product based businesses:

Have you ever had a great idea and thought about starting a micro business? If so, you should check out my book series, Micro Business for Teens. In my books, you’ll gain valuable insight for starting a micro business.

A micro business is a small, simple and fast to start-up, sole-proprietor business that usually consists of one worker, the owner. Micro Businesses are usually low-risk and easy enough for a teenager to manage along with schoolwork and other extracurricular activities.